92
92
Jan 20, 2013
01/13
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MSNBC
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair c
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most...
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Jan 17, 2013
01/13
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MSNBCW
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eye 88
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the economy's growing instead of contracting. in the first quarter of 2009, the gdp contracted and grew 3.1% when measured last. now, though it remains where it was before the great recession, consumer confidence has nearly doubled and a larger percentage of americans, 41% according to our last poll, believe the country's heading in the right direction, up 26% in january 2009. on the other hand, there's other data to support the idea that the country is not much better off and that the struggling economy is taking a toll on families. median household income, lower than it was in 2009. 46% millions live below the poverty line. more than four years ago. the federal public debt has increased from $10.6 trillion in january 2009 to $16.4 trillion now. there's the big number same as four years ago. the unemployment rate of 7.8%, though it's down from a high of 10% in october 2009. other figures of the last four years. number of u.s. troops in iraq, dropped from nearly 140,000 to 200. as the president fulfilled the promise to end that w
the economy's growing instead of contracting. in the first quarter of 2009, the gdp contracted and grew 3.1% when measured last. now, though it remains where it was before the great recession, consumer confidence has nearly doubled and a larger percentage of americans, 41% according to our last poll, believe the country's heading in the right direction, up 26% in january 2009. on the other hand, there's other data to support the idea that the country is not much better off and that the...
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Jan 17, 2013
01/13
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MSNBC
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eye 54
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever y
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored...
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135
Jan 16, 2013
01/13
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CNBC
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eye 135
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what do you think that tells us on where we are in the economy? >> look at numbers of the last week or two, retail production numbers for december, and they were actually pretty good. of course, the employment numbers we already know were soiled, and this is in a period where the uncertainty over the fiscal cliff was reaching a maximum. you know, maria, you think that's pretty encouraging that the economy has managed to cope with a high level of uncertainty. now the thing that kind of bothers me though is i'm a little bit worried that this coping is flipping over to complacency. the vix is now at a six-year low, and it tells me that the market is discounting 100% probability that we get through the debt ceiling without any trouble. that seems too high to me. >> so do you think the market is expecting that? i mean, when would you expect a big change in terms of the interest rate scenario? >> in terms of the interest rate scenario, probably nothing this year. i mean, we're at least a couple years away from a higher move -- a move higher in interest
what do you think that tells us on where we are in the economy? >> look at numbers of the last week or two, retail production numbers for december, and they were actually pretty good. of course, the employment numbers we already know were soiled, and this is in a period where the uncertainty over the fiscal cliff was reaching a maximum. you know, maria, you think that's pretty encouraging that the economy has managed to cope with a high level of uncertainty. now the thing that kind of...
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Jan 18, 2013
01/13
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MSNBC
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eye 42
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we are talking about the economy and jobs and what people really wanted to see done. we moved away from that. you know, the rnc, the leadership, whatever it is, they have focused on something other than what the american people are talking about, and we paid a dear price this past november, and we'll continue to pay that price if we don't wise up and get smart about what the people in this country are concerned about. >> the other side to you, bob, as a democrat, what are the advantages the democrats have to use as a party now? they don't control the house. whatever happens on guns, for example, is going to have to come out of a republican dominated committee in the house. that's tricky. and i keep thinking in the end we can talk all we want about the man in the street and the woman in the street and public opinion. you know how it works. somebody has got to get it out of committee and on the floor of the senate and the house. >> we'll see if we can get around this rule about the majority of the majority has to be for something. basically boehner's dispensed that rule
we are talking about the economy and jobs and what people really wanted to see done. we moved away from that. you know, the rnc, the leadership, whatever it is, they have focused on something other than what the american people are talking about, and we paid a dear price this past november, and we'll continue to pay that price if we don't wise up and get smart about what the people in this country are concerned about. >> the other side to you, bob, as a democrat, what are the advantages...
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127
Jan 18, 2013
01/13
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FBC
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eye 127
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. overmany discounts to thine customs! [old english accent] safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lord jamie. thou cometh and we thy saveth! what are you doing? we doth offer so many discounts, we have some to spare. oh, you have any of those homeowners discounts? here we go. thank you. he took my shield, my lady. these are troubling times in the kingdom. moreiscounts than we knoweth what to do with. now that's progressive
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a...
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82
Jan 15, 2013
01/13
by
CSPAN
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eye 82
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we need to diversify our local economy in virginia. i hope we can work with both of our senators to get this done. host: we are talking with representative scott rigell. this is a headline in "the washington post." she talks about a new freshman class of republicans and your class as well that had been a headache for the speaker. there will be a test on tuesday. where do you come down on this? guest: i think we have been good for the speaker. i am not dodging the questione. everybody needs to shoot straight. i do not know how i will vote on the particular bill. it has only come out in the last day or so. we have not anticipated and planned for these type of natural disasters. you would think we would have budgeted enough. either we're not done a good estimates or we are spending far more than we should. i will be evaluating that. i know there will be some amendments. there are some things that i don't think most americans would not funded. therein lies the challenge. every bill we vote on on typically has some things that are good and
we need to diversify our local economy in virginia. i hope we can work with both of our senators to get this done. host: we are talking with representative scott rigell. this is a headline in "the washington post." she talks about a new freshman class of republicans and your class as well that had been a headache for the speaker. there will be a test on tuesday. where do you come down on this? guest: i think we have been good for the speaker. i am not dodging the questione. everybody...
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Jan 21, 2013
01/13
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MSNBC
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eye 72
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and we're going to put this nation's economy on a sustainable path to the future. >> and let me tell you, it is just been a true thrill to watch this handsome, charming individual grow into the man and the president that he is. >> first of all, i love michelle obama. and to address the most significant vent of this weekend, i love her bangs. she looks good. >> that is so cute. >>> the world will be watching as president obama lays out his plans for the next four years and he set the bar high saying abraham lincoln's second inaugural is the most like he would like to emulate. danielle leigh is at the center of it all. >> reporter: good morning. it was a couple minutes ago that we saw the first people begin arriving for this public ceremony later this morning. we're expecting up to 800,000 people to crowd on to the national mall where i'm standing to watch history in the making. president obama taking the oath of office for the final time. all along where i'm standing there are big screens to help people get as close a view as possible, even as they are prodded several blocks back from
and we're going to put this nation's economy on a sustainable path to the future. >> and let me tell you, it is just been a true thrill to watch this handsome, charming individual grow into the man and the president that he is. >> first of all, i love michelle obama. and to address the most significant vent of this weekend, i love her bangs. she looks good. >> that is so cute. >>> the world will be watching as president obama lays out his plans for the next four years...
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Jan 20, 2013
01/13
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FOXNEWSW
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eye 268
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. turn your world upside down with gillette fusion proglide because you can shave against the grain with comfort with our thinnest blades. our most comfortable shave or twice your money back. gillette, the best a man can get. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >> if i'm comments from brit hume and chris wallace. what do you expect to see, not just tomorrow, but what is this? approximate brit? >> i think what may turn out to be the most important political development of the week was the announcement that obama organizing for america, the obama operation -- organizing for
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. turn your world upside down with gillette fusion proglide because you can shave against the grain with comfort with our thinnest blades. our most comfortable shave or twice your money back. gillette, the best a man can get. [ male announcer ] how do you...
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Jan 14, 2013
01/13
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CSPAN
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eye 105
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it will damage our economy. the government is a big part of this economy. it's interesting that a lot of time you have people recognize that when it comes to defense spending. some of the same people say we have to cut spending or complain that government jobs don't do anything, but when it comes to the defense contractor in their district, they think it is an important part of the economy in their district and that we should not stop spending on that. let's just make sure we're not spending on those other people. [no audio] my hope is that common sense prevails. that is always my preference. i think that would be the preference of the american people and it would be good for the economy. let me just repeat. if the issue is deficit reduction, getting our deficit sustainable over time, getting our debt in a sustainable place, then democrats and republicans in congress will have a partner in me. we could achieve that fairly quickly. we know what the numbers are and we know what needs to be done. we know what a balanced approach would take and we have done hal
it will damage our economy. the government is a big part of this economy. it's interesting that a lot of time you have people recognize that when it comes to defense spending. some of the same people say we have to cut spending or complain that government jobs don't do anything, but when it comes to the defense contractor in their district, they think it is an important part of the economy in their district and that we should not stop spending on that. let's just make sure we're not spending on...
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Jan 20, 2013
01/13
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CSPAN2
tv
eye 111
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if it will boost the local economy. then there's the final economic reasons, physicists like molecular physicist have turned their attention to cities of theoretical exercises and said what type causes of our product give a what product cavite and the ones who've gone as far as it are convinced technically but we all know when her heart, which is the reason cities exist as when we come together, were more days. if tantalizingly difficult to prove that it's the strength of cities and not make sense economically stronger. but glaser talks about that a lot. david brooks talks about how when someone gets a patent, there required to say orestes heywood at the pet that influence to? almost always within 25 miles of the patent here. malcolm gladwell talks about the french impressionist old friends who hung out in the same buyer. they all trained the same absinthe. you know, movements are collected and made by people in proximity. people talk about if you're in a european capital come you can get five minutes done in a day. if
if it will boost the local economy. then there's the final economic reasons, physicists like molecular physicist have turned their attention to cities of theoretical exercises and said what type causes of our product give a what product cavite and the ones who've gone as far as it are convinced technically but we all know when her heart, which is the reason cities exist as when we come together, were more days. if tantalizingly difficult to prove that it's the strength of cities and not make...
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123
Jan 16, 2013
01/13
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MSNBCW
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eye 123
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house or in the senate who broke ranks publicly and said actually, purposefully driving the american economy into a ditch to make a point that even we don't understand and that is against the constitution, that might not be a great idea. nobody broke ranks when the republicans did this in 2011. nobody on the republican side. but today on the republican side somebody did. today republican senator lisa murkowski of alaska broke ranks. she gave an interview to her hometown newspaper in alaska, she says she disagrees threatening the country with default. quote, murkowski is breaking rank, saying the country has a duty to assure it pays its bills. murkowski said not all of her colleagues in the senate will say it out loud, but she believes most agree that failing to raise the debt limit would harm perception of the country. quote, if you incur an obligation, you have a responsibility to pay for that, murkowski said. time is going the tell if lisa murkowski is the first republican to break ranks or if she is the only republican to break with republican leadership on this issue. but the fact that s
house or in the senate who broke ranks publicly and said actually, purposefully driving the american economy into a ditch to make a point that even we don't understand and that is against the constitution, that might not be a great idea. nobody broke ranks when the republicans did this in 2011. nobody on the republican side. but today on the republican side somebody did. today republican senator lisa murkowski of alaska broke ranks. she gave an interview to her hometown newspaper in alaska, she...
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100
Jan 14, 2013
01/13
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MSNBCW
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eye 100
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clearly they do that, but these are the things you want to built towards the 21st century economy. to say it's pork, to say it's just relief is foolish when we're really talking about how we get to a 21st century economy. >> now, a lot of us were shocked to see what happened in lower manhattan with the subways, and, you know, we know the affect of salt water on the subways, but the fact that the subway says could be flooded as they were, that's just one example, but elsewhere we see hong kong, the netherlands, singapore now making efforts. what do we need to learn about our electrical systems, about our transportation systems, and about what to do especially as climate change is going to affect places that are as vulnerable as lower manhattan? >> well, the subway system actually lifted some of the engines because we had 24 hours or 48 hours to actually prepare for the onslaught of this storm, but away we're seeing around the world and what we're seeing and recommending here is a series of things that would have inflatable tubes in the tunnels, would have automatic vent closures tha
clearly they do that, but these are the things you want to built towards the 21st century economy. to say it's pork, to say it's just relief is foolish when we're really talking about how we get to a 21st century economy. >> now, a lot of us were shocked to see what happened in lower manhattan with the subways, and, you know, we know the affect of salt water on the subways, but the fact that the subway says could be flooded as they were, that's just one example, but elsewhere we see hong...
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Jan 14, 2013
01/13
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FOXNEWSW
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, it's hurting our economy as we speak. we shouldn't be having that debate and by the way, the american people agreed with me that we should reduce our deficit in a balanced way that also takes into account the need for us to grow this economy and put people back to work. >> megyn: well, when it comes to america's 16 trillion dollar debt, and raising our debt ceiling even more in the coming weeks, you just saw, today's hour long news conference summed up in that 60 second exchange and we shortened it down just to give you a flavor. the president does not want to negotiate and he says he has the voters behind him. he wants to congress just let him raise the debt limit or for them to do it. joining me now charles payne from the fox business network and john of left action and wall street journal columnist, the 50 economic indicators that really matter. we were just talking about that sound bite and that exchange with major garrett, formerly of fox and now cbs and the president was testy and didn't seem to much like the questi
, it's hurting our economy as we speak. we shouldn't be having that debate and by the way, the american people agreed with me that we should reduce our deficit in a balanced way that also takes into account the need for us to grow this economy and put people back to work. >> megyn: well, when it comes to america's 16 trillion dollar debt, and raising our debt ceiling even more in the coming weeks, you just saw, today's hour long news conference summed up in that 60 second exchange and we...
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81
Jan 20, 2013
01/13
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MSNBC
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eye 81
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obviously the economy to contend with, gun control. i think immigration will be able to get worked into this. i think the administration has the to sort of wrap its arms around the combination of what happens in life around the world and what they want to try to get done. when they overlap. i do believe this administration was interested in gun control or commonsense gun safety even without a newtown massacre. when they overlap, you have to push hard and use the political will of an administration to get things done. >> if you want to call it a honeymoon period, people say as long as two years and other mrs. cynical say we're going to give him 100 day, re-evaluate and see how much capital he has. >> i would give him act six to eight months to get things in congress. after that people will be starting to think about the midterm elections. even democrats will have to go back to their districts and -- if they cast too many votes that take risk for the president, they won't do that forever. after that period, it's more into foreign policy.
obviously the economy to contend with, gun control. i think immigration will be able to get worked into this. i think the administration has the to sort of wrap its arms around the combination of what happens in life around the world and what they want to try to get done. when they overlap. i do believe this administration was interested in gun control or commonsense gun safety even without a newtown massacre. when they overlap, you have to push hard and use the political will of an...
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Jan 13, 2013
01/13
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CSPAN
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eye 153
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to afghanistan, will be beneficial to the afghan people and will not have adverse effects on afghan economy and the prosperities that we have gained. in the past many years. we also discussed the issue of election in afghanistan and the importance of elections for the afghan people with the hope that we'll be conducting a free and fair election in afghanistan where our friends in the international community and particularly the united states will be assisting in conducting those elections. of course. where afghanistan will have the right environment for conducting elections without interference and without undue concerns in that regard for the afghan people. we also discussed in a bit of detail and in the environment that we have all aspects of the bilateral security agreement between afghanistan and the united states, and i informed the president that the afghan people already in the -- called for the strategic partnership agreement between us and the united states have given their approval to this relationship and they value it as one that is good for afghanistan. so in that context the b
to afghanistan, will be beneficial to the afghan people and will not have adverse effects on afghan economy and the prosperities that we have gained. in the past many years. we also discussed the issue of election in afghanistan and the importance of elections for the afghan people with the hope that we'll be conducting a free and fair election in afghanistan where our friends in the international community and particularly the united states will be assisting in conducting those elections. of...
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102
Jan 17, 2013
01/13
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KQED
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eye 102
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. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org captioning sponsored by wpbt >> this is n.b.r. >> susie: good evening everyone. i'm susie gharib. blockbuster earnings from j.p. morgan, and goldman sachs. but will they be able to keep up the pace? >> tom: i'm tom hudson. the growing concern over america's ability to pay its i.o.u.s is turning into a debate over the definition of a "debt default." why washington's wrangling could hurt the u.s. economy. >> susie: and from ch
. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the...
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219
Jan 13, 2013
01/13
by
KPIX
tv
eye 219
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] there are two ways for business travelers to board a plane: the orderly way southwest does it and the way all the other airlines do it. so stop playing their game and come on over for hassle-free boarding. [ ding ] book now at southwest.com. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] there are two ways for business travelers to board a plane: the orderly way southwest does it and the way all the other airlines do it. so...
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224
Jan 20, 2013
01/13
by
KGO
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eye 224
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it could economy kairt boeing's attempts to return the dreamliner to the air as investigators widen their search for a root cause. >>> now, the 787s were grounded before any accidents occurred but the recent fires had led some aviation experts to call for changes at the faa, questioning if the way the agency currently approves planes is keeping up with fast-moving technology, ron. >> okay, mark, thanks very much for that report on the continuing woes of the 787 dreamliner. >>> five were injured in three separate accidental shootings at gun shows on saturday. people were forced to run for cover after two bystanders were hurt at a show in north carolina when a shotgun discharged as its owner took the gun out of the case. the other incidents were in ohio and indiana. none of the injuries is life-threatening though. >>> new details this morning about that u.s. navy ship that ran aground on a coral reef in the philippines. the navy says the "uss guardian minesweeper" was using a faulty map that had the reef in the wrong spot. all 79 officers and crew have now left the ship after two days tryin
it could economy kairt boeing's attempts to return the dreamliner to the air as investigators widen their search for a root cause. >>> now, the 787s were grounded before any accidents occurred but the recent fires had led some aviation experts to call for changes at the faa, questioning if the way the agency currently approves planes is keeping up with fast-moving technology, ron. >> okay, mark, thanks very much for that report on the continuing woes of the 787 dreamliner....
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297
Jan 15, 2013
01/13
by
FOXNEWSW
tv
eye 297
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north carolina's economy is based on a 1930 manufacturing base. unfortunately after we've studied this for the last six to eight months we've noticed serious problems, and that declining in me yan housing income. increased poverty and also a very high unemployment rate, none of which reflect a good economic environment. our goal is to have economic growth and create jobs. that's what we were elected to do. bill: we've seen in other states, florida for years, texas as well. what you would do is you would tax things that are currently not being taxed by the state, such as certain legal fees, accounting fees, spa services, and food. ultimately what would you get out of it? >> well, you have to look at some serious points. consumption-based sales and use tax very broad based on both goods and service efs is s is a very good economic driver as compared to the negative effect of income taxes which is a detriment to economic growth and jobs. what we believe is to expand the sales tax basin to goods and services, that is something that would absolutely cr
north carolina's economy is based on a 1930 manufacturing base. unfortunately after we've studied this for the last six to eight months we've noticed serious problems, and that declining in me yan housing income. increased poverty and also a very high unemployment rate, none of which reflect a good economic environment. our goal is to have economic growth and create jobs. that's what we were elected to do. bill: we've seen in other states, florida for years, texas as well. what you would do is...
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86
Jan 18, 2013
01/13
by
FBC
tv
eye 86
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we will continue the discussion and find out what has happened and why taking a look now at the economy, its effect on the market today, good news, jobless claims dropping sharply last week, down to the lowest levels, in fact, since january of 2008. the housing sector showing its best performance in four year last month. housing for all of last year rising 28 percent, increases seen across the entire country. the good news includes permits for new start-ups. up 30% last year. the good newsdriving the snb to its best finish since late 2007 with stock prices closed higher for a third straight day. the dow up 85 points, s&p up eight to monastic 18 and a half. a 5-year high. volume on the big board, volume picking up. to bank stocks hurting the dow performance. bank of america reporting disappointing earnings. profits last 63 percent by charges related to billions of dollars in settlements on bad mortgages. city profits down 3% taking a $2 billion charge for litigation costs. not all banks disappointed. pnc profits surging 47%. investors applauding pushing the stock up almost 4%. commoditie
we will continue the discussion and find out what has happened and why taking a look now at the economy, its effect on the market today, good news, jobless claims dropping sharply last week, down to the lowest levels, in fact, since january of 2008. the housing sector showing its best performance in four year last month. housing for all of last year rising 28 percent, increases seen across the entire country. the good news includes permits for new start-ups. up 30% last year. the good...
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119
Jan 14, 2013
01/13
by
CSPAN
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eye 119
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banks are an integral part of the economy. they finance new job growth and new companies and people being able to buy a home, which is typically the largest single investment they will ever make. banks are crucial to this entire process. we need them to be there to help consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with these rules. financial institutions will complain about any regulation because they did not want to be subject to kinds of rules that instruct them in how to do their business. when you read the complaints from the financial industry, i would say we have to take some of those with a grain of salt. host: gretchen morgenson is the "the new york times" assistant business and financial editor. she was co-author of "reckless endangerment.' guest: who basically were the interco parties in creating the crisis decades later. host: don is next from c
banks are an integral part of the economy. they finance new job growth and new companies and people being able to buy a home, which is typically the largest single investment they will ever make. banks are crucial to this entire process. we need them to be there to help consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with...
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Jan 18, 2013
01/13
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this is a developing economy. so in terms of guidelines, the latest figures that we saw for 2012 in terms of gdp or for industrial output and everything else that we saw today looks as though it's point to go a rebound for the chinese economy. although the big question is whether or not this is a full blown recovery and we just don't have those answers yet. kelly. >> eunice, thanks very much recording in from the evening in beijing. you can see the increase in smog we've been seeing all week there. for more on what's happening in china, lewis patz. welcome. thank you so much for your time today. let's start, because as we just heard from eunice, there's a sense that maybe if the decimal point doesn't tell you the whole story, it does add to the feeling growth is turning around. do you expect in 2013 that we see a pick up in china? >> yes. i do think that 2013 as a whole will look better than 2012 did. we started 2012 very weak. we ended 2012 a bit better and we enter 2013 stronger. so it's that momentum that reall
this is a developing economy. so in terms of guidelines, the latest figures that we saw for 2012 in terms of gdp or for industrial output and everything else that we saw today looks as though it's point to go a rebound for the chinese economy. although the big question is whether or not this is a full blown recovery and we just don't have those answers yet. kelly. >> eunice, thanks very much recording in from the evening in beijing. you can see the increase in smog we've been seeing all...
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Jan 14, 2013
01/13
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30 minutes and show them graphic slides designed to combat some of the created conglomeration of the economy looks like for those and students here at the school of public health taught me about these opportunities to quantify attitudes towards conflict and aggression and we were able to show with a fall of 28 days surveys before and after the intervention that there was a short term improvement in those attitudes and that is in my talking and academic arena prevention outreach added to the conflict and aggression, 98 kids cross 13 months and then i was invited to go to new york. mayor bloomberg isn't here but mtv executives invited me to a video that had an antiviolence fema and i said that interests me let me see that. well, this was about eight years ago. my 15 year old was then 7-years-old but i didn't know much about 50-cent, the rapper that had this ongoing dual with jarule come and 50 have more credibility why? i told the story 150 times and shot nine times he has more credibility. but does that say about our culture of violence? taking credit by the way being shot nine times. [applau
30 minutes and show them graphic slides designed to combat some of the created conglomeration of the economy looks like for those and students here at the school of public health taught me about these opportunities to quantify attitudes towards conflict and aggression and we were able to show with a fall of 28 days surveys before and after the intervention that there was a short term improvement in those attitudes and that is in my talking and academic arena prevention outreach added to the...
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Jan 17, 2013
01/13
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i think it is more do to the economy. people losing their jobs. they are turning to drugs to make money. crime and violence follows the drugs. guns do youkind of drug own? caller: some rifles, shotguns, and pistols. host: what do you use them for? caller: mostly hunting and target shooting. host: had you ever used one in self protection? caller: know i have not. they are all in a closet in a safe as we speak right now. host: thank you for calling in in this morning. jodi sends in this tweet -- from "politico" this morning -- you have probably heard about the nra had it they have put out. "washington journal >> are the president's kids more important than yours -- [video clip] >> are the president's kids more important than yours? mr. obama demands the wealthy pay their fair share of taxes. he is just another e list hypocrite when it comes to a fair share of security. protection for their kids, and the gun free zones for hours. host: josh in michigan city, indiana. good morning. caller: i have been listening to some of the calls coming in and have
i think it is more do to the economy. people losing their jobs. they are turning to drugs to make money. crime and violence follows the drugs. guns do youkind of drug own? caller: some rifles, shotguns, and pistols. host: what do you use them for? caller: mostly hunting and target shooting. host: had you ever used one in self protection? caller: know i have not. they are all in a closet in a safe as we speak right now. host: thank you for calling in in this morning. jodi sends in this tweet --...
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Jan 19, 2013
01/13
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WBAL
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the economy definitely impacts people. the thing that is great about this is helps build communities. >> what is incredible is it grows expedientially each year. there is such good karma people love to give to this cause. >> there is something for everybody. special olympics provide through sport the opportunity to bring athlete and people in the community who might not otherwise interact with them together. the plunge brings people together from all walks of life all economic stratus all for great cause of special olympics. >> you know john said it's supposed to get very cold this week. >> yes, he did. i understand that. >> how are you feeling? >> i am feeling great and so is everybody who is going to get out there. not too late to sign up. >> great. thank you. congratulations on your new job. >> thank you so much. great to be here. >>> maryland state police bowl lar bear plunge january 25th and 26th at sandy points park at plunge maryland.com. for more information www.somd special olympics if you want to learn more. >> p
the economy definitely impacts people. the thing that is great about this is helps build communities. >> what is incredible is it grows expedientially each year. there is such good karma people love to give to this cause. >> there is something for everybody. special olympics provide through sport the opportunity to bring athlete and people in the community who might not otherwise interact with them together. the plunge brings people together from all walks of life all economic...
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Jan 15, 2013
01/13
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economy. >>> and jump t to the top of the ftse 100 after third quarter revenue beat the forecast, burberry had earnings higher than expected. >>> all right. sorted out my mike issues. "worldwide exchange" is slightly different today because we're analyzing the first german gdp numbers. >> and i come to the u.s. where it's all annualized and we stick to the european data and it's quarter on quarter. given the context, we're still working through what all that means. >> exports in november, down 94.1 billion is where we essentially went. 98.4 billion was the october numbers. so exports in november driving down. and that gdp number is worth pulling out. exports for the year, up 4.1%. as far as production is concerned, it was up 2% in november. but the forecast were for it to rise up 1%. it was a very weak october, as well. it was this production and that production number. when that came out, it essentially made people put a pretty fourth quarter in the whole, kelly. what we're trying to do is de
economy. >>> and jump t to the top of the ftse 100 after third quarter revenue beat the forecast, burberry had earnings higher than expected. >>> all right. sorted out my mike issues. "worldwide exchange" is slightly different today because we're analyzing the first german gdp numbers. >> and i come to the u.s. where it's all annualized and we stick to the european data and it's quarter on quarter. given the context, we're still working through what all that...
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Jan 16, 2013
01/13
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economy. we do know that bad things probably happen. we also assume that house republicans at the end of the day will blink on this. i just would not make that assumption. i would look back to that tax vote after christmas. three-quarters of the republican party did not go along with speaker boehner on the compromise on increasing taxes. these guys don't care what leadership has to say about this issue. they want to shrink government. they were elected to shrink government. and whether it's defaulted, whether it's shutting down the government, whether it's allowing sequestration to kick in, they're going to make it happen in the next couple of months. and nobody knows how that will play out. >> we may just find out what happens when we reach the debt limit. jim, in spite of what the white house's grand plans for gun reform may be, there still may be not a lot of backing in congress. if you look at even republicans in the midwest and republicans in the north, how does this play out right now in congress? >> well, right. there's going to
economy. we do know that bad things probably happen. we also assume that house republicans at the end of the day will blink on this. i just would not make that assumption. i would look back to that tax vote after christmas. three-quarters of the republican party did not go along with speaker boehner on the compromise on increasing taxes. these guys don't care what leadership has to say about this issue. they want to shrink government. they were elected to shrink government. and whether it's...
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Jan 18, 2013
01/13
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economy hostage. they are saying no. we are holding the senate hostage it a debt limit increase, that's what they have to do and we will see how far they get with the proposal. if we do a short term extension of the debt limit we are going to make it be clean without conditions. and this is what the back and forth is going to be in the parties over the next couple of weeks. >> let's talk a little bit about two other major deadlines here. does this have any impact whatsoever john as far as can you see on the the impending so-called sequestering, which i believe kicks in sometime in the next six weeks or so. and then in late march, on the idea that the government will run out of money. there will be no authorization to spend anything more and the government could functionally shut down. is that involved here at all? >> not in a formal sense. but of course all of this is linked together, what the spending plans are to come up with cuts to avoid the budget sequester which neither party wants because it affects it in is indis
economy hostage. they are saying no. we are holding the senate hostage it a debt limit increase, that's what they have to do and we will see how far they get with the proposal. if we do a short term extension of the debt limit we are going to make it be clean without conditions. and this is what the back and forth is going to be in the parties over the next couple of weeks. >> let's talk a little bit about two other major deadlines here. does this have any impact whatsoever john as far as...
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Jan 21, 2013
01/13
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. let's say you pay your guy around 2% to manage your money. that's not much you think. except it's 2% every year. does that make a difference? search "cost of financial advisors" ouch. over time it really adds up. then go to e-trade and find out how much our advice costs. spoiler alert: it's low. really? yes, really. e-trade offers investment advice and guidance from dedicated, professional financial consultants. it's guidance on your terms, not ours. that's how our system works. e-trade. less for us. mor
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth...
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Jan 14, 2013
01/13
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FOXNEWSW
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. am. >> peter: from fox international plaza, we have our own cabinet meeting here. president obama's staff will be getting a major makeover in his second term as several cabinet members step aside. how will it all shake out? it's time, joe trippi, for some political chess. he's our fox news contributor and a former howard dean campaign manager, one of the smartest guys in the united states of america. >> i don't know about that. we're going to play chess. >> peter: let's go to the players. >> right. >> peter: hillary clinton, secretary of state. here she is. secretary of state. >> she's going to be replaced by john kerry. senate loves to confirm one of its own. i think's -- he'll have some questions on benghazi and other t
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. am. >> peter: from fox international plaza, we have our own cabinet meeting here. president obama's staff will be getting a major makeover in his second...
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Jan 15, 2013
01/13
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CSPAN
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even the threat of default hurts our economy. it's hurting our economy as we speak. we shouldn't be having that debate. if we want to have a conversation about how to reduce our deficit, let's have that. we've been having that for the last two years. we just had an entire campaign about it. and by the way, the american people agreed with me that we should reduce our deficits in a balanced way that also takes into account the need for us to grow this economy and put people back to work. and despite that conversation, and despite the election results, the position that's been taken on the part of some house republicans is that, "no, we've got to do it our way, and if we don't, we simply won't pay america's bills." well, that can't be a position that is sustainable over time. it's not one that's good for the economy now. bes certainly not going to the kind of precedent that i want to establish not just for my presidency, but for future presidents, even if it was on the other side. democrats don't like voting for the debt ceiling when a republican is president, and yet y
even the threat of default hurts our economy. it's hurting our economy as we speak. we shouldn't be having that debate. if we want to have a conversation about how to reduce our deficit, let's have that. we've been having that for the last two years. we just had an entire campaign about it. and by the way, the american people agreed with me that we should reduce our deficits in a balanced way that also takes into account the need for us to grow this economy and put people back to work. and...
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Jan 20, 2013
01/13
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KGO
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. >> they will not collect a ransom in exchange for not crashing the economy. >> we talk to white house strategist david plouffe and our powerhouse roundtable, abc's george will, matthew dowd and cokie roberts plus former michigan governor, jennifer granholm, for the democrats and former presidential candidate rick santorum for the republicans. ♪ plus, how will the inaugural set the tone for the second term? we ask the star co-chairing the president's committee. eva longoria joins us live.
. >> they will not collect a ransom in exchange for not crashing the economy. >> we talk to white house strategist david plouffe and our powerhouse roundtable, abc's george will, matthew dowd and cokie roberts plus former michigan governor, jennifer granholm, for the democrats and former presidential candidate rick santorum for the republicans. ♪ plus, how will the inaugural set the tone for the second term? we ask the star co-chairing the president's committee. eva longoria joins...
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Jan 14, 2013
01/13
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economy. i also -- i spoke to you before the meeting started about the fema changes senator landrieu called me on -- [inaudible conversations] >> yeah. and the changes have been made and as i understand, we will be voting on them. >> i think there was something on the floor this evening. >> which includes bipartisan reforms to fema. >> good. >> i think it would be -- we try the appropriations on the -- i know people don't believe this to do as little authorization as possible respectfully of the authorization committee. i think it's on suspension tonight. >> i hope so. because that -- i think it's a very important part. not to watch what we see in katrina. i thank you for that. no further questions. >> thank you very much. mr. bishop? >> i don't know to whom to actually ask this question. maybe either of you or to the any of the fore floridians who happen or it here. represent hastings said there would be many for florida beaches in here. i know, there's a $4 billion category of energy and wat
economy. i also -- i spoke to you before the meeting started about the fema changes senator landrieu called me on -- [inaudible conversations] >> yeah. and the changes have been made and as i understand, we will be voting on them. >> i think there was something on the floor this evening. >> which includes bipartisan reforms to fema. >> good. >> i think it would be -- we try the appropriations on the -- i know people don't believe this to do as little authorization...
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Jan 21, 2013
01/13
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the entire economy has suffered from the fall of lehman brothers. >> so the whole world? >> yes, the whole world. >> when lehman brothers collapsed, 26,000 employees lost their jobs, and millions of investors lost all or almost all of their money, triggering a chain reaction that produced the worst financial crisis and economic downturn in 70 years. anton valukas' job was to provide the bankruptcy court with accurate, reliable information that the judges could use to resolve the claims of creditors picking over lehman's corpse. had you ever done anything like this before? >> i've never done anything like lehman brothers. i don't think anybody else has ever done anything like lehman brothers. >> so your job, i mean, in some ways, your job was to assess blame? >> our job is to determine what actually happened, put the cards face up on the table, and let everybody see what the facts truly are. >> valukas' team spent a year and a half interviewing hundreds of former employees and pouring over 34 million documents. they told of how lehman bought up huge amounts of real estate
the entire economy has suffered from the fall of lehman brothers. >> so the whole world? >> yes, the whole world. >> when lehman brothers collapsed, 26,000 employees lost their jobs, and millions of investors lost all or almost all of their money, triggering a chain reaction that produced the worst financial crisis and economic downturn in 70 years. anton valukas' job was to provide the bankruptcy court with accurate, reliable information that the judges could use to resolve...
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Jan 16, 2013
01/13
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the economy is hurting. the economy is waiting to take off if the president and the senate that is bogging down bills that would free up the economy to go -- if they would get out of the way, this economy would go and people would get to work, wouldn't need unemployment and wouldn't need to beg to the master government, but do it on their own as free people. it's time to get back to following the rule of law. it's time to get back to having a government that doesn't put off the current debt on future generations, because if we don't , our names will not be called blessed by future jean rations. den jations. we will be cursed. it is my prayer that we get to be responsible in the coming months and the only way we can get there is if people are honest about our history. and with that, i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the chair will remind members to refrain from engaging in personalities towards the president for what purpose does the gentleman from texas
the economy is hurting. the economy is waiting to take off if the president and the senate that is bogging down bills that would free up the economy to go -- if they would get out of the way, this economy would go and people would get to work, wouldn't need unemployment and wouldn't need to beg to the master government, but do it on their own as free people. it's time to get back to following the rule of law. it's time to get back to having a government that doesn't put off the current debt on...
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Jan 15, 2013
01/13
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FOXNEWSW
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we'll turn to the economy now. a new warning about the united states and our credit rating as the debt battle kicks into high gear. congress has just weeks to increase our debt ceiling. fitch, a leading credit ratings agency, says a repeat of the 2011 debt limit crisis would spark a formal review of our country's aaa rating. that could mean a downgrade by them. now you might remember, s&p, a different agency, already downgraded our country in 2011. that was the first time in our history that that happened. the president is taking a hard-line stand, issuing a warning of his own to the gop. >> we have to pay our bills. congress has two choices here. we can act responsibly and pay america's bills. or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. jenna: republicans like congressman jason chaffetz blasting back against the president. >> i think the president was terribly irresponsible today. to say he will
we'll turn to the economy now. a new warning about the united states and our credit rating as the debt battle kicks into high gear. congress has just weeks to increase our debt ceiling. fitch, a leading credit ratings agency, says a repeat of the 2011 debt limit crisis would spark a formal review of our country's aaa rating. that could mean a downgrade by them. now you might remember, s&p, a different agency, already downgraded our country in 2011. that was the first time in our history...
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Jan 16, 2013
01/13
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KQED
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. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org >> this is "bbc" funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> at union bank, our to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses what can we do for you? >> and now, "bbc world news." >> this
. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at carnegie.org. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the...
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Jan 14, 2013
01/13
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CNNW
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and it begins to discolor and distort your very economy. sadly enough, that's where we're headed. >> do you all agree that the extremes on both parties, the right and left, are actually the ones who run the congress right now? start with you, senator. >> there's quite a bit of extremism. i don't need to tell you that, joe. there's very few of us left in the middle. the so-called middle, if you will, has been sh ink aring, shrinking and shrinking. let's talk about follow the money. a lot of the people are on the far left or far right of the extremes of both ends. that's where people get all excited, get involved. either directly or their resources, their money behind in what they believe in. sometimes it draws them further apart. tom brokaw basically says that 75% of all of our congressional districts are bulletproof. so if you're there, and you've already established yourself, whether you're on the right or left, you're pretty well solid. so you only have to play to a certain core. and that's not healthy. and so a lot of changes need to be
and it begins to discolor and distort your very economy. sadly enough, that's where we're headed. >> do you all agree that the extremes on both parties, the right and left, are actually the ones who run the congress right now? start with you, senator. >> there's quite a bit of extremism. i don't need to tell you that, joe. there's very few of us left in the middle. the so-called middle, if you will, has been sh ink aring, shrinking and shrinking. let's talk about follow the money. a...
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Jan 16, 2013
01/13
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economy. we'll see their economy return to growth. and you can't ultimately pay down debt until you've got economic growth. >> and just to get a little specific, what trades do you like then given the scenario that you're laying out? >> i think generally -- i think the story about europe is a global one because it's been the biggest drag on global growth. we've had a global confidence cries us that has prevented all of this cash -- if you look at u.s. companies, there's $2 trillion of cash -- >> trades, trades, pierce, trades. >> equities primarily. >> okay. >> and then you can pick. i think it's still going to be a macro move. you say trade, you want me to talk about sectors or geographic locations, fine. i think generally equities will go higher. peripheral europe will still outperform as will china. i like china particularly because it's undervalued. i think they're going to benefit from the european story. >> we'll talk about what needs to happen in the bond markets, as well. >> yes. >> in
economy. we'll see their economy return to growth. and you can't ultimately pay down debt until you've got economic growth. >> and just to get a little specific, what trades do you like then given the scenario that you're laying out? >> i think generally -- i think the story about europe is a global one because it's been the biggest drag on global growth. we've had a global confidence cries us that has prevented all of this cash -- if you look at u.s. companies, there's $2 trillion...
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Jan 16, 2013
01/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> back tore tip >> back for the tip of the day. the interview with the corporal hammar. mr. o'reilly sometimes i'm critical of you. i believe without your intervention corporal hammar would still be sitting in that mexican prison. i will never set foot in mexico again. and kudos to the corporal for his grace during the interview. and americans would otherwise be powersless time and time again, regardless. thank you for the kind words. big thanks to the brilliant cartoonist bruce kinsley who illustrates one fiphilmore and mentioning the cartoon yesterday. and the complete interview with corporal hammar is posted on billoreilly.com. and come on, al gore is being a capitalist, i thought you were a big supporter of capitalism.
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> back tore tip >> back for the tip of the day. the interview with the corporal hammar. mr. o'reilly sometimes i'm critical of you. i believe...
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Jan 17, 2013
01/13
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FOXNEWSW
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meantime we want to turn to the economy here. some brand new jobs numbers from the labor department today as we get them on thursday every week. the number of americans filing for unemployment benefits down in the latest week to the lowest level since 2008. now remember these numbers change week to week. they could be highly volatile. january numbers in particular can be erratic as norm employers return to normal practices. lay off temporary workers they hired for the holidays. >>> this is the time which talk to small business owners that are thriving in this economy. this story certainly caught our eye. this is the founder of farm to home milk. i can translate that to our viewers, jonathan, you are a modern day milk man. you decided to go into the business after having whole other career suddenly, recently. why? why did you choose to be a milk man of all things? >> well we how the it would be fun. i've been a writer and corporate consultant, speechwriter and everything else for about the last dozen years. was really ready to do
meantime we want to turn to the economy here. some brand new jobs numbers from the labor department today as we get them on thursday every week. the number of americans filing for unemployment benefits down in the latest week to the lowest level since 2008. now remember these numbers change week to week. they could be highly volatile. january numbers in particular can be erratic as norm employers return to normal practices. lay off temporary workers they hired for the holidays. >>>...
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Jan 15, 2013
01/13
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. >> that would be a financial disaster, not only for our country but for the worldwide economy. i don't think it is a question that is even on the table. >> and the last question of his press conference, the president was asked if he may be more successful with some of the nuts you just heard from if he spent more quality time with them. >> you and your staff are too insular, that you don't socialize enough. >> this, of course, is one of the great myths of governing, that intractable problems, political problems, can somehow be solved over a card game and a couple of drinks. that has never, ever been the case nor will it ever be the case. >> i like speaker boehner personally. and you know, when we went out and played golf we had a great time. but that didn't get a deal done in 2011. >> the president actually had to remind the media that congressional behavior is the result of democracy. >> now if the american people feel strongly about these issues and they push hard and they reward, or don't reward members of congress with their votes, if -- you know if -- if they reject sort o
. >> that would be a financial disaster, not only for our country but for the worldwide economy. i don't think it is a question that is even on the table. >> and the last question of his press conference, the president was asked if he may be more successful with some of the nuts you just heard from if he spent more quality time with them. >> you and your staff are too insular, that you don't socialize enough. >> this, of course, is one of the great myths of governing,...